Otis Worldwide (OTIS) Tops Q2 EPS by 8c, Offers Guidance

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Otis Worldwide Corp (OTIS) PT Raised to $102 at Cowen

July 27, 2021 8:02 AM EDT

Cowen analyst Cai Von Rumohr raised the price target on Otis Worldwide Corp (NYSE: OTIS) to $102.00 (from $90.00) while maintaining an Outperform rating.

The analyst commented, "Q2's blowout results & hiked 2021 guide (again) validate Otis' strategy to gain share and improve profitability; and both... More